20 Sep
|
Ratnaakar Impex - House of Toys
|
Bengaluru
20 Sep
Ratnaakar Impex - House of Toys
Bengaluru
We are looking for a Product Research & Development Executive to identify new and trending toy products, study market demand, analyse competitors and support purchasing decisions.
The role will focus on finding profitable, fast-moving products that can be introduced into Ratnaakar Impex's wholesale product range.
Key Responsibilities
Research new and trending toys across Amazon, Flipkart, FirstCry, IndiaMART, Instagram, YouTube and other marketplaces.
Regularly visit toy stores, wholesale markets, exhibitions and competitors to understand what is selling.
Identify new products across categories such as die-cast cars, ride-ons, RC toys, soft toys, newborn toys, board games, drones, etc.
Speak with retailers and the Sales team to understand customer demand and products retailers are asking for.
Track competitors' products, pricing, packaging and recent launches.
Work with the Purchase team to identify suitable suppliers and compare purchase price, MOQ, quality and margins.
Analyse internal sales and inventory data to identify fast-moving, slow-moving and repeat-order products.
Recommend which products to test, reorder, increase quantities or discontinue.
Maintain a simple New Product Tracker covering product, supplier, cost, expected selling price, margin, MOQ and market demand.
Test new products in small quantities before recommending larger purchases.
Present a short weekly product opportunity report to management.
Ideal Candidate
0–2 years of experience in product research, merchandising, purchasing, retail, e-commerce or market research.
Fresh graduates with strong research and commercial skills can also apply.
Valuable knowledge of Excel/Google Sheets and online marketplaces.
Comfortable visiting markets and stores for field research.
Solid understanding of pricing, margins and customer demand.
Curious about new products and trends.
Good communication skills in English and Hindi. Kannada is an advantage.
Pay: ₹25,000.00 - ₹30,000.00 per month
Work Location: In person
📌 Product Research & Development Executive Bengaluru
🏢 Ratnaakar Impex - House of Toys
📍 Bengaluru